[WSBARP] Lenders who lend on property to be held in an LLC?

Elizabeth [Lisa] M. Carney carney at westseattlelaw.com
Mon Nov 1 15:15:51 PDT 2021


Seeking possible insider experience …

Client wishes to purchase a property, transaction also involves two adult offspring as purchasers,  and put the property  into an LLC. The purchase will have a mortgage.

Perhaps you had a client with similar facts, and found a lender to assist? All purchasers will be on the loan and all will be members of the LLC.  The property  [part of it], will be a rental.

B of A, Chase and US Bank do not have a product for such.

Thanks,
Lisa


   Elizabeth [Lisa] M. Carney
         Attorney at Law

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de Vrieze | Carney pllc
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